Former boss Rob Shand stepped down in April to be succeeded by Kim Morison, who was head of real assets and is now acting head of the business.
Blue Sky disclosed for the first time that of the almost $100 million that it raised following its half-year results at $11.50 a share, $40 million went to private real estate co-investment with joint-venture partners in Australia and the US, $30 million went to real assets co-investment, $18 million to private equity co-investment and $8 million “for balance sheet support” for Blue Sky-managed funds.
The company is also withdrawing its guidance for fee-earning assets under management for 2017-18 and 2018-19, as well as profit guidance for the current year, due to uncertainty over the timing of US …
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